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President Obama will address the nation at 10:30 PM, I am told by multiple news, military and Congressional sources that Usama Bin Ladin has been killed and his body is in US Custody.

UPDATE: Still awaiting the President’s address. I have confirmed with numerous sources that Usama Bin Laden was killed in a covert operation, and his body is in US Custody. Via military, Congressional and WH news sources.

UPDATE 11:23PM: Still waiting for the President to address the nation, CNN, Fox, all networks confirming Usama Bin Ladin is dead and his body is in US custody.

CNN went to live video of crowd gathering at the White House, chanting USA! USA! USA! and singing the Star Spangled Banner.

UPDATE 11:58PM: President Obama has addressed the nation.

Text of his statement is HERE.

Former President George W. Bush released the following statement:

Earlier this evening, President Obama called to inform me that American forces killed Osama bin Laden, the leader of the al Qaeda network that attacked America on September 11, 2001.  I congratulated him and the men and women of our military and intelligence communities who devoted their lives to this mission.  They have our everlasting gratitude.  This momentous achievement marks a victory for America, for people who seek peace around the world, and for all those who lost loved ones on September 11, 2001.  The fight against terror goes on, but tonight America has sent an unmistakable message:  No matter how long it takes, justice will be done.

—Media Lizzy

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